Alchemy (formerly Millennium Entertainment) was an American independent global film distributor based in Los Angeles, California. The company acquired and distributed feature films, television series and specialty programming. Its former staff includes marketing and distribution specialist Brooke Ford and Andy Gruenberg.
|Industry||Film, home entertainment, distribution|
|Fate||Chapter 7 Bankruptcy|
|Founded||2010 (as Millennium Entertainment)|
|Defunct||June 30, 2016|
|Headquarters||Los Angeles, California|
|Products||Independent theatrical films, DVD, Blu-ray|
Millennium Entertainment was 60% owned by production company Nu Image. Exclusive Media Group owned 20% and Prentice Capital owned the remaining stock. Following its formation in 2010, the company marked its first noteworthy theatrical release in 2011 with Trust, starring Academy Award nominees Clive Owen, Catherine Keener, and Viola Davis. Alchemy owns and operates a film library consisting of over 1,000 titles, including Paris, Je’TAime, Transsiberian, and Bad Lieutenant: Port of Call New Orleans, as well as the recent titles Elephant White, starring Djimon Hounsou and Kevin Bacon; Shadows and Lies, starring James Franco; and Blitz, starring Jason Statham.
Television series released by Alchemy include The Cosby Show, Baywatch, and A Different World. First Look Studios originally released all eight seasons of The Cosby Show, A Different World, and other shows on DVD, but they eventually filed bankruptcy in 2010. Millennium Entertainment acquired all of First Look Studios’ assets, and continued to release them in the United States, Canada, Bermuda, and other U.S. Territories. In April 2013, it was announced that Millennium Entertainment would be sold, and an investment company, Salem Partners, would assist in the sale. In August 2014 the company's library and distribution assets had been sold to a consortium consisting of its current management and Virgo Investment Group. The new owners renamed the company Alchemy in January 2015, finally cutting ties to its former sister company Millennium Films.
In July 2015 Alchemy acquired the film distribution assets of ANconnect and the digital film and television distributor Anderson Digital, both divisions of Anderson Media Corporation. The transaction will result in the addition of 40 new employees to the existent 70 and expand the company's catalogue to over 1,300 films and 3,000 TV episodes. In December 2015 Bill Lee exited the company as CEO.
In February 2016 Alchemy laid off 40 employees, equaling 40% of the company's entire staff. due to liquidity issues. The company began selling off previously acquired films including The Lobster, Free Fire, and Mia Madre. Lobster and Fire both sold to A24, while Madre was sold to Music Box Films. Alchemy filed for Chapter 7 Bankruptcy on June 30, 2016. All employees were released following the bankruptcy.
- Bethenny Ever After
- The Cosby Show
- A Different World
- Flipping Out
- Guy's Big Bite
- Hell's Kitchen
- The Invisible Man
- Kathy Griffin: My Life on the D-List
- McMillan & Wife
- Million Dollar Listing Los Angeles
- The Millionaire Matchmaker
- Pregnant In Heels
- The Rachel Zoe Project
- Tabatha Takes Over
- Unsolved Mysteries
- Alpha Males Experiment
- The Babymakers
- Buck Wild
- Dead Awake
- Dead Sushi
- The Elephant in the Living Room
- Elephant White
- Elsa & Fred
- Faces in the Crowd
- High Road
- The Iceman
- Life of a King
- The Liquidator
- Little Birds
- A Little Bit of Heaven
- The Nocturnal
- Playing Dirty
- Red Lights
- Rob the Mob
- The Runner
- Shadows and Lies
- Skin Traffik
- So Undercover
- Straight A's
- Stuck in Love
- The Taking of Deborah Logan
- The Ultimate Yogi
- Upside Down
- The Wedding Weekend
- Welcome to Me
- What Maisie Knew
- UFC Ultimate Fighting Championship
- Video Asia
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- Millennium On The Block; Salem Partners To Handle Sale Of Distribution Unit. Deadline Hollywood (April 22, 2013).
- "Trust". Millennium Films. Retrieved August 7, 2016.
- Ofgang, Kenneth. "Court Revives Suit Over Profits From Ving Rhames Movie". Metropolitan News-Enterprise. Retrieved 5 March 2013.
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- The Wrap: "Alchemy Acquires ANconnect and Anderson Digital, Creates Alliance With ARC Entertainment" By Tim Kenneally July 13, 2015
- Hollywood Reporter: "Alchemy Acquires ANconnect, Anderson Digital and Signs Pact With ARC Entertainment" July 13, 2015
- Galuppo, Mia (December 7, 2015). "Bill Lee Abruptly Exits as Alchemy CEO". TheHollywoodReporter.com. Retrieved February 18, 2016.
- McNary, Dave (February 17, 2016). "Indie Distributor Alchemy Hit With 40 Layoffs". Variety.com. Retrieved February 18, 2016.
- Brooks, Brian; D'Alessandro, Anthony (February 16, 2016). "Alchemy Faces Financial Woes, Slashes Staff & Uncovers "Discrepancies Within Parts Of Its Businesses"". Deadline Hollywood. Retrieved February 18, 2016.
- IndieWire: "How the DVD Business Is Destroying Alchemy" By Eric Kohn February 17, 2016
- McNary, Dave; Seetoodeh, Ramin (May 19, 2015). "Cannes: 'The Lobster' Selling to Alchemy (EXCLUSIVE)". Variety. Retrieved August 7, 2016.
- Fleming Jr, Mike; Jaffar, Ali (November 12, 2015). "Alchemy Closes Deal For Ben Wheatley's White-Hot 'Free Fire' – AFM". Deadline Hollywood. Retrieved August 7, 2016.
- D'Alessandro, Anthony (May 19, 2015). "Alchemy Takes U.S. Rights To Nanni Moretti's 'Mia Madre' – Cannes". Deadline Hollywood. Retrieved August 7, 2016.
- Fleming Jr, Mike (March 1, 2016). "A24 Postpones 'The Lobster' Theatrical Release – Update". Deadline Hollywood. Retrieved August 7, 2016.
- D'Alessandro, Anthony (March 10, 2016). "A24 Scoops Up Brie Larson Action Thriller 'Free Fire' In Wake Of Alchemy Financial Turmoil". Deadline Hollywood. Retrieved August 7, 2016.
- D'Alessandro, Anthony (April 19, 2016). "Music Box Rescues Nanni Moretti's 'Mia Madre' From Alchemy". Deadline Hollywood. Retrieved August 7, 2016.
- "Alchemy Files For Chapter 7-Names Long List of Creditors". Deadline Hollywood.
- "Alchemy". Retrieved August 7, 2016.
- McNary, Dave (July 7, 2016). "Alchemy Files for Chapter 7 Bankruptcy Protection". Variety. Retrieved August 7, 2016.
- "Millennium Entertainment TV Shows". DVD Empire.com. Right Ascension, Inc. Retrieved 5 March 2013.